Arthavedh - Finquest

What does EBITDA stand for?

• Earnings Before Interest, Taxes, Depreciation, and Amortization
• Earnings Before Income, Taxes, Depreciation, and Amortization
• Earnings Before Interest, Taxes, Dividends, and Amortization
• Earnings Before Interest, Taxes, Depreciation, and Assets

What is the purpose of variance analysis in management accounting?

• To compare actual financial results with planned or budgeted results and analyze the reasons for any differences

• To calculate the total revenue of a company.
• To analyze the market trends and competition.
• To determine the cost of production for a specific product.

What type of cost increases as production levels rise and decreases as production levels fall?

• Fixed cost

• Variable Cost

• Mixed Cost

• Average cost

Which costing method assumes that all units in inventory are sold in the order they were purchased or produced?

• Weighted average
• LIFO
• Specific identification
• FIFO

1.   The amendments of Budget 2022, will be applicable from A. Y. _______

• 2021-22
• 2023-24
• 2024-25
• 2025-26

 How are NPAs typically classified in terms of their severity?

• Mild, moderate, and severe
• Substandard, doubtful, and loss
• Good, fair, and poor
• Low, medium, and high

What does the "A" stand for in the CAMELS rating system used to assess financial institutions?

• Accountability
• Allocation
• Asset Quality
• Analysis

Which country uses the currency code "GBP"?

• United States
• United Kingdom
• France
• Germany

Cost of Goods Sold does not include

• Factory Overheads

• Administrative Overheads

• Selling overheads

• None of these

The interest Rates specified  on Loans or Deposits  are

• Real Interest Rate

• Nominal Interest Rate

• Accumulated Interest Rate

• None of these